Linde (ETR:LIN) has been given a €168.00 ($195.35) price target by Sanford C. Bernstein in a report released on Monday. The firm presently has a “sell” rating on the basic materials company’s stock. Sanford C. Bernstein’s price objective points to a potential downside of 5.78% from the company’s previous close.
LIN has been the topic of several other reports. Barclays set a €176.00 ($204.65) target price on shares of Linde and gave the stock a “buy” rating in a report on Monday, August 6th. Deutsche Bank set a €245.00 ($284.88) target price on shares of Linde and gave the stock a “buy” rating in a report on Friday, June 15th. DZ Bank reaffirmed a “buy” rating on shares of Linde in a report on Monday, September 3rd. Commerzbank set a €180.00 ($209.30) target price on shares of Linde and gave the stock a “neutral” rating in a report on Wednesday, July 25th. Finally, UBS Group set a €225.00 ($261.63) target price on shares of Linde and gave the stock a “buy” rating in a report on Tuesday, July 17th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €199.82 ($232.34).
Shares of LIN opened at €178.30 ($207.33) on Monday. Linde has a 12 month low of €150.10 ($174.53) and a 12 month high of €199.40 ($231.86).
Linde Aktiengesellschaft operates as a gases and engineering company worldwide. It operates in two divisions, Gases and Engineering. The Gases division offers a range of compressed and liquefied gases, and chemicals for use in steel and glass production, chemical and food processing, environmental protection, welding, and electronics industries, as well as in the energy sector.
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